The median home in Key West, Florida is valued at $1,000,283, down 5.3% year over year. Typical monthly rent is $3,743, producing a price-to-rent ratio of 22.3x — well above the national average of 18x. Key West is part of the Key West, FL metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$1,000,283

-5.3%

Rent$3,743/mo

Prices falling — better for buyers.

Affordability

Enter your income for Key West.

Income (annual)

Down Payment

$200,057 on $1,000,283

Example: $75,000 household income. Change it above to see your own.

Out of reach98% of income

Need $262,500/yr to afford.

PITI$6,125

P/I98%

Afford$286K

Gap-$714K

P&I $5,058Tax $717Ins $350

Renting $2,382/mo cheaper ($3,743 rent)6.50% 30yr, 20% down, county tax + FL ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Florida

Compare Key West with other housing markets across Florida.

Jupiter Island$9.49M Golden Beach$7.5M Fisher Island$6.39M Lake Buena Vista$6.09M Jupiter Inlet Colony$3.62M Manalapan$3.57M Golf$2.87M Boca Grande$2.63M

Full Key West, FL analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Key West, FL metro.

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